PRPI (Perpetual Industries) LT-Debt-to-Total-Asset: 0.06 (As of Dec. 2022)


What is Perpetual Industries LT-Debt-to-Total-Asset?

Perpetual Industries PRPI +0.03% LT-Debt-to-Total-Asset is 0.06 as of Dec. 2022.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Perpetual Industries's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.06.

Perpetual Industries's long-term debt to total assets ratio increased from Jul. 2015 (0.00) to Dec. 2022 (0.06). It may suggest that Perpetual Industries is progressively becoming more dependent on debt to grow their business.

Perpetual Industries  (OTCPK:PRPI) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Perpetual Industries LT-Debt-to-Total-Asset Related Terms

Perpetual Industries LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Perpetual Industries's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Perpetual Industries LT-Debt-to-Total-Asset Chart

Perpetual Industries Annual Data
Trend Jul13 Jul14 Jul15 Dec21 Dec22
LT-Debt-to-Total-Asset
0.00 0.00 0.00 0.08 0.06

Perpetual Industries Semi-Annual Data
Jul13 Jul14 Jul15 Dec21 Dec22
LT-Debt-to-Total-Asset 0.00 0.00 0.00 0.08 0.06

Perpetual Industries LT-Debt-to-Total-Asset Calculation

Perpetual Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=0.613/10.367
=0.06

Perpetual Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )/Total Assets (Q: Dec. 2022 )
=0.613/10.367
=0.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.06 mean?
Perpetual Industries (PRPI) has a LT-Debt-to-Total-Asset of 0.06 as of Dec. 2022. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Perpetual Industries and its competitors.
Is Perpetual Industries' LT-Debt-to-Total-Asset too high?
Perpetual Industries' current LT-Debt-to-Total-Asset is 0.06.
How does Perpetual Industries' LT-Debt-to-Total-Asset compare to BRBL and JKSM?
Perpetual Industries' LT-Debt-to-Total-Asset of 0.06 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Industrial Products company?
A good LT-Debt-to-Total-Asset depends on the Industrial Products industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Perpetual Industries and its competitors. Perpetual Industries's current LT-Debt-to-Total-Asset is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perpetual Industries stock overvalued right now?
Perpetual Industries (PRPI) has a current LT-Debt-to-Total-Asset of 0.06. The current LT-Debt-to-Total-Asset is 0.06. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Perpetual Industries (PRPI), the current LT-Debt-to-Total-Asset is 0.06 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Perpetual Industries Business Description

Address 2193 Rotunda Drive, Auburn, IN, USA, 46706
Perpetual Industries Inc is a U.S.-based company focused on the growth and market expansion of its wholly owned subsidiary, The Worldwide Group, LLC, which operates as Worldwide Auctioneers, is a boutique auction firm specializing in the sale and acquisition of classic and vintage motorcars, generating its primary revenues through live and online auctions held across the United States. The company serves a clientele of automotive collectors and enthusiasts. Along with its auction events, the company offers a comprehensive suite of personalized services, including private car sales appraisals, collection management, estate planning, and asset consultancy.